Insights and Stories of Michael Hirtzer

Jul. 17, 2015 at 5:13 pm CDT

Chicago | Reuters — U.S. corn and wheat fell as much as two per cent on Friday, while soybeans also declined as the dollar climbed and rains provided needed moisture in the western half of the U.S. Midwest crop belt. Chart-based selling also was noted as prices for the crops […]

By Michael Hirtzer

Jul. 16, 2015 at 2:41 pm CDT

Chicago | Reuters –– U.S. corn edged slightly higher while soybeans reversed from earlier gains to turn lower on Thursday as drier weather outlooks for next week were seen as benefiting both crops after record rains in the Midwest in recent months limited yield potential. Corn was in the early […]

By Michael Hirtzer

Jul. 15, 2015 at 5:06 pm CDT

Chicago | Reuters — U.S. soybeans and wheat fell on Wednesday, pressured by investment fund selling tied to outlooks for drier weather in the U.S. and reduced export demand. Corn futures reversed from earlier losses to finish narrowly higher as midday weather outlooks predicted hot temperatures that could stress plants […]

By Michael Hirtzer

Jul. 14, 2015 at 4:14 pm CDT

Chicago | Reuters — U.S. corn futures retreated from an earlier one-year high and fell nearly three per cent on Tuesday on technical selling and forecasts for crop-friendly weather in the U.S. Wheat futures also were lower, pressured by the advancing winter wheat harvest. Soybean futures were little changed as […]

By Michael Hirtzer

Jul. 13, 2015 at 5:06 pm CDT

Chicago | Reuters — U.S. corn futures rose on Monday for the fifth straight session, hitting a one-year high on better-than-expected demand and as heavy rains limited the yield potential of the new crop. The U.S. Department of Agriculture, in a monthly report issued Friday, surprised investors, showing corn and […]

By Michael Hirtzer